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Accenture Will Hire 60,000 in 2012

Posted on Wednesday, Jan 4th

Market researcher Everest Group expects that in 2012 the IT outsourcing market will be driven by cloud computing and M&A activity. Although it seems that the economic crisis will still loom large in the first half of the year, by this fall, increased business confidence is expected to boost the growth in the outsourcing segment.

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China To Be World’s Largest E-Commerce Market by 2015

Posted on Tuesday, Jan 3rd

China is seeing a boom in the e-commerce segment. According to Forrester Research, business to consumer sales in China are expected to triple to $159 billion in 2015 from $49 billion in 2010. Yet, within retail sales, e-commerce sales will account for a mere 5% share in the next three to five years. While that

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MobiTV Faces Stiff Competition

Posted on Friday, Dec 23rd

Long before the likes of Hulu and Netflix hit the mobile device TV space, another player was making inroads in the segment. Founded in 2000, California-based MobiTV is a leading provider of premium end-to-end mobile media solutions. Their service offerings include a platform that not only delivers live TV and video on-demand, but also has

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Guidewire Gearing For IPO; Looks Solid

Posted on Thursday, Dec 22nd

Not only are Internet companies vying for the stock market, other software companies are also lining up. Earlier this year, insurance technology provider Guidewire Software filed their S-1 to raise more than $100 million to expand business. Guidewire’s offerings cater to a market that Gartner estimated was worth $14.5 billion last year, of which $4

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58.com Looks Uncertain

Posted on Wednesday, Dec 21st

Last year, 22 Chinese players listed in the U.S., raising more than $2.8 billion from the market. The current year was comparatively slower with seven Chinese IPOs listing on the New York Stock Exchange and raising a total of $1.5 billion. The weak global economy is causing some Chinese companies to stay away from listing

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Acquire RIMM For Patent Portfolio?

Posted on Tuesday, Dec 20th

It does not seem that Research in Motion’s (NASDAQ:RIMM) shaky position will improve anytime soon. According to research firm, Canalys, the company’s BlackBerry phones accounted for a mere 9% of the smart phone market in the U.S. during the third quarter of this year, compared with a 24% share reported a year ago. Android devices continued

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Fusion-io Well Positioned In A Data-Hungry World

Posted on Friday, Dec 16th

According to an IDC report, increasing deployment of virtualized data centers has resulted in enterprises shifting their focus from improving capital efficiency to improving operational efficiency. These organizations’ IT departments are looking for solutions that help to improve data capacity efficiency, and they are moving away from the traditional rotating magnetic media such as hard disk

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Lashou Makes Me Queasy

Posted on Thursday, Dec 15th

It is not just technology companies in the U.S. that have been toying with the idea of going public this year. Several international technology companies are also evaluating the possibility of listing themselves on the U.S. stock exchanges. The Bloomberg IPO Index may have reported a decline of 26% this year, compared with a 5%

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